What are The Functions of ECGC

What are the functions of Export Credit Guarantee Corporation (ECGC) of India please give info nabout the same ?

[Kiran Chandar]

Export Credit Guarantee Corporation (ECGC) of India was established on 30 July 1957. this company provide insurance cover in respect of risks in export trade.

Work of ECGC:

Encourage and facilitate globalization of India’s trade.

Assist Indian exporters in managing their credit risks

Provide timely information on worthiness of the buyers, bankers and the countries.

Facilitate availability of adequate bank finance to the Indian exporters.

Providing surety insurance covers for bankers at competitive rates.

Protect the Indian exporters against unforeseen losses.

Provide cost effective credit insurance covers.

Delivering top quality service.

Board Of Directors
Geetha Muralidhar
Chairman cum Managing Director

Shri Arvind Mehta
Additional Secretary
Department of Commerce
Ministry of Commerce & Industry,
Govt. of India,
New Delhi

Dr. Saurabh Garg
Joint Secretary (Investment)
Department of Economic Affairs,
Ministry of Finance,
Government of India,

Smt. Meena Hemchandra
Executive Director,
RBI,
Mumbai

Shri Yaduvendra Mathur
Chairman cum Managing Director,
Export-Import Bank of India
Mumbai

Shri S.C. Ralhan,
President,
FIEO
New Delhi.


ECGC final Annual report 2014 15








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